The One Thing You Need To Know by Marcus Buckingham
Book Summary Review
The full title of this book by Marcus Buckingham is "The One Thing You Need To Know...About Great Managing, Great Leading and Sustained Individual Success."
I am sure you want to be a big personal and business success but did you know that most people don't achieve great success because they don't know where to focus their time, energy and resources?
Let's Exercise The Mind
Just take a pause from reading, grab a pen and paper and list down the FIVE areas you have to focus to make a major difference to your success.
Did you do it?
Did you discover anything from just listing down your five most important areas?
The next stage is to give yourself a mark out of ten. Be fair and don't claim to be at master level if you are not but don't be unduly harsh on yourself either.
Given that these are five areas that you need to have performed well, you have some decisions to make
- If you are already very good at something, is it worth devoting the time and effort to get better? Can you get a level where you are recognised as the best in your geographical area, your country or even the world?
- If you are average or poor at some activity, is it worth trying to improve, should you accept mediocre performance, should you outsource to a top quality (but expensive) specialist or should you outsource to someone better than you but a reasonable cost?
Your answers are inside you but I do know that how your spend your spend your time and focus your attention will play a very large role in determining your success.
The Book - "The One Thing You Need To Know"
The commentary on managers and leaders by Marcus Buckingham is unremarkable. Basically managers work through people while leaders inspire people based on the vision.
"The One Thing You Should Know" has some common-sense advice about managing - recruit good people, make sure that they understand what is required, give them feedback and show that you care about them.
In the leadership section, the recommendation is to build a rallying call around universal fears and needs:
- Fear of death - need for security
- Fear of being excluded - need to belong
- Fear of the future - need for direction
- Fear of chaos - need for control and authority
- Fear of insignificance - need for respect.
Interesting but not too exciting.
What Is Exciting...
The Gallup Research shows that only 20% of people are in a role where they have a chance to do their best everyday.
That leaves a massive 80% of people who are set up, either by themselves if self employed or by their employers to struggle or maybe even fail.
The One Thing You Need To Know Is...
... dramatic pause - can you feel the tension?
Drum roll please...
Discover what you don't like doing and stop doing it.
Simple and now you can see why I started with the little exercise.
Your success depends on you spending more time doing the things that you are good at and enjoy and spending less time doing the difficult, hard, nasty, tedious activities that you hate.
How Do You Find Your Strengths?
I love it and see it as a missing link which is so easily ignored.
If you are like me before I did the test, there is a tendency to almost punish yourself.
You won't like admitting that there are some things that you are not very good at and you will feel guilty about delegating or outsourcing them. So you do them, you struggle, you get bored and you feel frustrated.
The crazy man takes over
You decide that you can't carry on like this so what do you do?
You buy a teach yourself book or course on the twisted logic that, if only you knew the inside secrets and tricks it would be so much easier and you would do a better job.
But you hate the subject so you find the book mind-numbingly boring. You can only read a few pages at a time. I've been know to fling the book across the room muttering "I'll never understand this ...."
For Crying Out Loud Stop!
It is such a simple rule.
Focus on your strengths and outsource your weaknesses.
You will be happier and much more successful.
Just take the Kolbe Index. I think you'll be amazed how your working habits and emotions now make much more sense.
My comments on "The One Thing You Need To Know" by Marcus Buckingham are based on the BusinessSummaries book summary.
I may have done the book an injustice on the coverage of the management/leadership areas but I wanted to make sure that you received the key message LOUD and CLEAR.
Have You Read "The One Thing You Need To Know"
If you have read "The One Thing You Need To Know" by Marcus Buckingham and I'm doing the book a disservice, please leave a comment to correct me.